EESL to blacklist China-backed PT Hexing, to debar it from all deals
NEW DELHI : State-run Energy Efficiency Services Ltd (EESL) is planning to bar PT Hexing Technology of Indonesia from future tenders after cancelling its ₹345 crore smart meter contract, a top EESL official said.
This follows the Delhi high court on Tuesday dismissing a PT Hexing petition to stop the encashment of its $4.08 million ( ₹30 crore) bank guarantee to EESL to supply 1.5 million smart meters. EESL also plans to return 9,980 meters supplied by China-headquartered Hexing Electrical Co. Ltd.
“The honourable high court has dismissed the petition of PT Hexing with regard to non-performance of their contract. We will proceed to initiate/take action as per the contract, including issuing a show-cause notice, as to why should the company not be blacklisted,” said Saurabh Kumar, executive vice chairperson, EESL Group.
